Cleveland-Cliffs and Posco sign partnership to mitigate steel import tariffs

Cleveland-Cliffs and Posco Partnership

Posco has signed a strategic partnership with Cleveland-Cliffs, the second-largest steelmaker in the United States.

This partnership is aimed at mitigating steel import tariffs.

In other news, Hyundai Motor has signed a Memorandum of Understanding (MOU) with Singapore to boost future mobility cooperation.

Additionally, local chain Frank Burger has been fined for unfair business practices.

No specific quotes are available in the given text.

Author's summary: Partnership to mitigate steel tariffs.

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Korea JoongAng Daily Korea JoongAng Daily — 2025-11-02